People Moves: Click TV, Kingston Resources

Welcome,

Click TV’s new Board Advisor and a new Exploration Manager at Kingston Resources.

In brief: Leading banker calls for more foreign exchange injection, and other business stories

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BSP wants another US$100-200m foreign exchange injection, Air Niugini expects local business benefits from Rugby League games, and gold refinery to expand. Your weekly digest of the latest business news.

In brief: Asian Development Bank downgrades Papua New Guinea’s growth outlook, and other business stories

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Papua New Guinea’s growth forecast downgraded by Asian Development Bank, Bank of PNG says growth this year will partly be driven by non-mineral sector activity, plus claims PNG’s global corruption rating will depend on government commitment to accountability. Your weekly digest of the latest business news.

In brief: Papua New Guinea forex pressure to ease by the end of April says BSP CEO, and other business stories

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Ok Tedi’s cashflow plus new loan to ease foreign exchange situation, feasibility study to look at water pipeline from Highlands to Queensland, and illegal fishing in Pacific costs US$660 million a year. Your weekly digest of the latest business news.

In brief: Total to lead Elk-Antelope gas development, and other business stories

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Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news.

Two new Papua New Guinea TV players launch pay and free-to-air channels

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The two new players in Papua New Guinea’s TV industry this week began selling their set top boxes as they launched a total of 54 new free-to-air and pay channels.